1106, Waves Tower
Sold prices and rental history: sold once, by the developer in August 2022, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1106, Waves Tower
What is 1106 worth today?
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Source: Dubai Land Department. Updated 24 November 2025.
Key facts
- Type
- Studio apartment
- Size
- 442 sqft
- Floor
- 11th of 16
- Parking
- P2-11
- Service charge
- AED 7,100 /yr
- Last sold
- AED 715K · August 2022
- Building
- Waves Tower
About 1106, Waves Tower
1106 is a studio of 442 sqft on the 11th floor of Waves Tower, a 16-storey tower in Business Bay. The developer sold it on 30 August 2022 for AED 715,080, or AED 1,619 per sqft, in line with the AED 1,621 studios in the building were fetching at the time.
It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 24 November 2025, is AED 73,000 a year: a gross yield of 10.2% on the 2022 price, before the service charge of about AED 7,100 a year.
Sales and rents for 1106 over time
1106 has sold once; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Waves Tower, and where 1106 sits
All 59 studios →1106 last sold in August 2022 at AED 1,619 per sqft, in line with what studios in Waves Tower were fetching at the time (AED 1,621). Over the last 12 months studios sold for AED 860,000 to 920,000, around AED 1,984 per sqft, and rent for AED 60,500 to 80,000 a year. 1106's AED 73,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 Jan 202630 January 2026 | 487 sqft | 860,000 | 1,766 | ||
| 3 Jun 20253 June 2025 | 418 sqft | 950,000 | 2,272 | ||
| 18 Apr 202518 April 2025 | 429 sqft | 920,000 | 2,143 | ||
| 15 Jan 202515 January 2025 | 487 sqft | 900,000 | 1,848 |
Waves Tower
Building160 apartments, studios to 2-bed over 16 floors in Business Bay. 7 sold in the last 12 months.
- Typical price per sqft
- AED 1,649
- Typical sale
- AED 2.26M
- Typical rent
- AED 100K /yr
- Typical yield
- 7.2%
Other units on the 11th floor
All 160 units in Waves Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1101 | 1-bed | 980 sqft | AED 1.27MAED 1,268,324 · Aug 2022August 2022 | 147,000 /yr | |
| 1102 | 2-bed | 1,433 sqft | AED 2MAED 2,000,000 · Jan 2024January 2024 | ||
| 1103 | 2-bed | 1,428 sqft | AED 1.93MAED 1,926,000 · Aug 2022August 2022 | 170,000 /yr | |
| 1104 | 1-bed | 839 sqft | AED 1.43MAED 1,430,000 · Dec 2023December 2023 | ||
| 1105 | 1-bed | 830 sqft | AED 1.15MAED 1,148,000 · Sep 2022September 2022 | 85,000 /yr | |
| 1107 | Studio | 487 sqft | AED 758KAED 757,914 · Jul 2022July 2022 | 68,000 /yr | |
| 1108 | 1-bed | 1,020 sqft | AED 1.15MAED 1,152,969 · Sep 2022September 2022 | 108,000 /yr | |
| 1109 | 2-bed | 1,580 sqft | AED 1.94MAED 1,935,000 · Sep 2022September 2022 | 150,000 /yr | |
| 1110 | Studio | 429 sqft | AED 784KAED 784,000 · Sep 2022September 2022 | ||
| 1111 | Studio | 418 sqft | AED 763KAED 763,202 · Jul 2022July 2022 |
1106, Waves Tower in numbers
- Sold once: by the developer on 30 August 2022 for AED 715,080, or AED 1,619 per sqft.
- Rented since February 2023 on 2 Ejari contracts, from AED 68,000 to AED 73,000 a year.
- At AED 73,000 a year the gross yield on the 2022 price is 10.2%, before a service charge of about AED 7,100 a year (AED 15.97 per sqft).
- Studios in Waves Tower sold for AED 860,000–920,000 in the 12 months to November 2026; the building's median across all types is AED 1,649 per sqft.
Source: Dubai Land Department. Updated 24 November 2025.
Questions about 1106, Waves Tower
What did unit 1106 last sell for?
AED 715,080 on 30 August 2022, sold by the developer: AED 1,619 per sqft for 442 sqft. It is the only registered sale of the unit.
What is the rent for unit 1106?
AED 73,000 a year on the contract signed on 24 November 2025. The previous contract, from February 2023, was AED 68,000.
How big is unit 1106?
442 sqft (41.1 sqm): a studio on the 11th floor of a 16-storey tower.
What is unit 1106 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Waves Tower sold for AED 860,000 to 920,000 in the last 12 months, around AED 1,984 per sqft.
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Mortgage on 1106, Waves Tower
Starts from the last sale price (AED 715K, 30 August 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 715,080
- Deposit, UAE resident (20%)
- AED 143,016
- Deposit, non-resident (40%)
- AED 286,032
- Monthly over 25 years at 3.7%
- AED 2,926
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →